Travis Perkins says trading remained strong in third quarter
In the three months to 30 September, total sales rose by 6.9% while like-for-like sales climbed by 5.7%.
The group said trading was consistent with expectations at the start of the year.
Travis Perkins chief executive John Carter said: "Trading has remained strong for most of our businesses and the group's continued good performance is underpinned by the successful introduction of a number of self-help initiatives. We have outperformed our markets whilst making strategic investments that we are confident will support continued market share gains.”
The consumer division, which includes Wickes, saw like-for-like sales growth of 6.4% with total sales rising by 8.5%.
The group said a number of programmes were commenced or completed at Wickes during the quarter. This included the national roll out of click & collect, the introduction of a broader seasonal offer and improved communication of the kitchen and bathroom offer.
Carter said a strengthened management team at Wickes had continued to build on the early progress seen in the second quarter.
Meanwhile, like-for-like sales in the general merchanting division rose by 10.9% but fell by 5.1% in the plumbing division due to a weaker than expected market.
Carter added: “I am confident that our plans to improve each of our businesses, resulting in profitable organic growth, combined with our strong focus on returns, will create substantial further shareholder value."
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